39.69 USD
+0.27 (+0.68%)
39.69 USD
0 (0%)
BSY gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 276 industry peers in the Software industry. BSY has an excellent profitability rating, but there are concerns on its financial health. BSY has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year BSY was profitable.
In the past year BSY had a positive cash flow from operations.
BSY had positive earnings in each of the past 5 years.
In the past 5 years BSY always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of BSY (7.77%) is better than 78.99% of its industry peers.
Looking at the Return On Equity, with a value of 22.53%, BSY belongs to the top of the industry, outperforming 88.77% of the companies in the same industry.
BSY has a better Return On Invested Capital (10.86%) than 86.59% of its industry peers.
BSY had an Average Return On Invested Capital over the past 3 years of 8.00%. This is below the industry average of 10.78%.
The 3 year average ROIC (8.00%) for BSY is below the current ROIC(10.86%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.77% | ||
| ROE | 22.53% | ||
| ROIC | 10.86% |
ROA(3y)7.42%
ROA(5y)7.4%
ROE(3y)30.01%
ROE(5y)29.96%
ROIC(3y)8%
ROIC(5y)10.54%
1.3 Margins
Looking at the Profit Margin, with a value of 18.44%, BSY belongs to the top of the industry, outperforming 80.80% of the companies in the same industry.
BSY's Profit Margin has improved in the last couple of years.
With an excellent Operating Margin value of 24.23%, BSY belongs to the best of the industry, outperforming 89.49% of the companies in the same industry.
In the last couple of years the Operating Margin of BSY has grown nicely.
Looking at the Gross Margin, with a value of 81.20%, BSY belongs to the top of the industry, outperforming 85.51% of the companies in the same industry.
In the last couple of years the Gross Margin of BSY has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 24.23% | ||
| PM (TTM) | 18.44% | ||
| GM | 81.2% |
OM growth 3Y5.52%
OM growth 5Y3.69%
PM growth 3Y21.55%
PM growth 5Y4.39%
GM growth 3Y1.43%
GM growth 5Y0.13%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so BSY is still creating some value.
The number of shares outstanding for BSY has been increased compared to 1 year ago.
BSY has more shares outstanding than it did 5 years ago.
BSY has a better debt/assets ratio than last year.
2.2 Solvency
BSY has an Altman-Z score of 3.80. This indicates that BSY is financially healthy and has little risk of bankruptcy at the moment.
BSY's Altman-Z score of 3.80 is fine compared to the rest of the industry. BSY outperforms 67.03% of its industry peers.
BSY has a debt to FCF ratio of 2.71. This is a good value and a sign of high solvency as BSY would need 2.71 years to pay back of all of its debts.
BSY has a Debt to FCF ratio of 2.71. This is in the better half of the industry: BSY outperforms 65.22% of its industry peers.
BSY has a Debt/Equity ratio of 1.04. This is a high value indicating a heavy dependency on external financing.
BSY's Debt to Equity ratio of 1.04 is on the low side compared to the rest of the industry. BSY is outperformed by 77.90% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.04 | ||
| Debt/FCF | 2.71 | ||
| Altman-Z | 3.8 |
ROIC/WACC1.04
WACC10.46%
2.3 Liquidity
BSY has a Current Ratio of 0.61. This is a bad value and indicates that BSY is not financially healthy enough and could expect problems in meeting its short term obligations.
The Current ratio of BSY (0.61) is worse than 91.30% of its industry peers.
A Quick Ratio of 0.61 indicates that BSY may have some problems paying its short term obligations.
BSY has a worse Quick ratio (0.61) than 91.30% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.61 | ||
| Quick Ratio | 0.61 |
3. Growth
3.1 Past
BSY shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 8.49%, which is quite good.
Measured over the past years, BSY shows a quite strong growth in Earnings Per Share. The EPS has been growing by 12.41% on average per year.
BSY shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 11.12%.
Measured over the past years, BSY shows a quite strong growth in Revenue. The Revenue has been growing by 12.93% on average per year.
EPS 1Y (TTM)8.49%
EPS 3Y8.4%
EPS 5Y12.41%
EPS Q2Q%12.5%
Revenue 1Y (TTM)11.12%
Revenue growth 3Y11.93%
Revenue growth 5Y12.93%
Sales Q2Q%12.05%
3.2 Future
The Earnings Per Share is expected to grow by 14.45% on average over the next years. This is quite good.
The Revenue is expected to grow by 9.22% on average over the next years. This is quite good.
EPS Next Y11.84%
EPS Next 2Y12.61%
EPS Next 3Y13.1%
EPS Next 5Y14.45%
Revenue Next Year10.24%
Revenue Next 2Y10.2%
Revenue Next 3Y10.09%
Revenue Next 5Y9.22%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 34.51 indicates a quite expensive valuation of BSY.
The rest of the industry has a similar Price/Earnings ratio as BSY.
Compared to an average S&P500 Price/Earnings ratio of 26.92, BSY is valued a bit more expensive.
BSY is valuated quite expensively with a Price/Forward Earnings ratio of 29.25.
Based on the Price/Forward Earnings ratio, BSY is valued a bit cheaper than the industry average as 61.23% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of BSY to the average of the S&P500 Index (23.57), we can say BSY is valued slightly more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.51 | ||
| Fwd PE | 29.25 |
4.2 Price Multiples
68.48% of the companies in the same industry are more expensive than BSY, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of BSY indicates a somewhat cheap valuation: BSY is cheaper than 73.91% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 26.18 | ||
| EV/EBITDA | 31.06 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
BSY has an outstanding profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as BSY's earnings are expected to grow with 13.10% in the coming years.
PEG (NY)2.91
PEG (5Y)2.78
EPS Next 2Y12.61%
EPS Next 3Y13.1%
5. Dividend
5.1 Amount
With a yearly dividend of 0.73%, BSY is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 0.54, BSY pays a better dividend. On top of this BSY pays more dividend than 90.94% of the companies listed in the same industry.
With a Dividend Yield of 0.73, BSY pays less dividend than the S&P500 average, which is at 1.94.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.73% |
5.2 History
BSY has been paying a dividend for over 5 years, so it has already some track record.
BSY has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)N/A
Div Incr Years2
Div Non Decr Years4
5.3 Sustainability
BSY pays out 30.41% of its income as dividend. This is a sustainable payout ratio.
DP30.41%
EPS Next 2Y12.61%
EPS Next 3Y13.1%
39.69
+0.27 (+0.68%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners46.83%
Inst Owner Change0%
Ins Owners40.33%
Ins Owner Change-0.52%
Market Cap12.05B
Revenue(TTM)1.46B
Net Income(TTM)269.25M
Analysts77
Price Target59.44 (49.76%)
Short Float %8.51%
Short Ratio7.07
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.73% |
Yearly Dividend0.24
Dividend Growth(5Y)N/A
DP30.41%
Div Incr Years2
Div Non Decr Years4
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)4.45%
Min EPS beat(2)-2.54%
Max EPS beat(2)11.45%
EPS beat(4)2
Avg EPS beat(4)4.67%
Min EPS beat(4)-4.04%
Max EPS beat(4)13.82%
EPS beat(8)5
Avg EPS beat(8)9.68%
EPS beat(12)9
Avg EPS beat(12)11.56%
EPS beat(16)13
Avg EPS beat(16)13.89%
Revenue beat(2)1
Avg Revenue beat(2)-0.11%
Min Revenue beat(2)-0.85%
Max Revenue beat(2)0.63%
Revenue beat(4)2
Avg Revenue beat(4)-0.34%
Min Revenue beat(4)-1.14%
Max Revenue beat(4)0.63%
Revenue beat(8)3
Avg Revenue beat(8)-0.85%
Revenue beat(12)6
Avg Revenue beat(12)-0.02%
Revenue beat(16)8
Avg Revenue beat(16)0.08%
PT rev (1m)0.04%
PT rev (3m)-1.86%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-3.14%
EPS NY rev (1m)0%
EPS NY rev (3m)-1.67%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.59%
Revenue NY rev (1m)0.07%
Revenue NY rev (3m)0.2%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.51 | ||
| Fwd PE | 29.25 | ||
| P/S | 8.25 | ||
| P/FCF | 26.18 | ||
| P/OCF | 25.18 | ||
| P/B | 10.08 | ||
| P/tB | N/A | ||
| EV/EBITDA | 31.06 |
EPS(TTM)1.15
EY2.9%
EPS(NY)1.36
Fwd EY3.42%
FCF(TTM)1.52
FCFY3.82%
OCF(TTM)1.58
OCFY3.97%
SpS4.81
BVpS3.94
TBVpS-4.6
PEG (NY)2.91
PEG (5Y)2.78
Graham Number10.09
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.77% | ||
| ROE | 22.53% | ||
| ROCE | 13.59% | ||
| ROIC | 10.86% | ||
| ROICexc | 11.6% | ||
| ROICexgc | N/A | ||
| OM | 24.23% | ||
| PM (TTM) | 18.44% | ||
| GM | 81.2% | ||
| FCFM | 31.52% |
ROA(3y)7.42%
ROA(5y)7.4%
ROE(3y)30.01%
ROE(5y)29.96%
ROIC(3y)8%
ROIC(5y)10.54%
ROICexc(3y)8.22%
ROICexc(5y)11.91%
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)10%
ROCE(5y)13.18%
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3Y4.29%
ROICexc growth 5Y-15.93%
OM growth 3Y5.52%
OM growth 5Y3.69%
PM growth 3Y21.55%
PM growth 5Y4.39%
GM growth 3Y1.43%
GM growth 5Y0.13%
F-Score8
Asset Turnover0.42
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.04 | ||
| Debt/FCF | 2.71 | ||
| Debt/EBITDA | 2.97 | ||
| Cap/Depr | 27.71% | ||
| Cap/Sales | 1.26% | ||
| Interest Coverage | 32.41 | ||
| Cash Conversion | 113.9% | ||
| Profit Quality | 170.89% | ||
| Current Ratio | 0.61 | ||
| Quick Ratio | 0.61 | ||
| Altman-Z | 3.8 |
F-Score8
WACC10.46%
ROIC/WACC1.04
Cap/Depr(3y)27.47%
Cap/Depr(5y)32.2%
Cap/Sales(3y)1.59%
Cap/Sales(5y)1.72%
Profit Quality(3y)148.6%
Profit Quality(5y)185.51%
High Growth Momentum
Growth
EPS 1Y (TTM)8.49%
EPS 3Y8.4%
EPS 5Y12.41%
EPS Q2Q%12.5%
EPS Next Y11.84%
EPS Next 2Y12.61%
EPS Next 3Y13.1%
EPS Next 5Y14.45%
Revenue 1Y (TTM)11.12%
Revenue growth 3Y11.93%
Revenue growth 5Y12.93%
Sales Q2Q%12.05%
Revenue Next Year10.24%
Revenue Next 2Y10.2%
Revenue Next 3Y10.09%
Revenue Next 5Y9.22%
EBIT growth 1Y22.88%
EBIT growth 3Y18.11%
EBIT growth 5Y17.09%
EBIT Next Year16.54%
EBIT Next 3Y14.75%
EBIT Next 5Y10.9%
FCF growth 1Y34.82%
FCF growth 3Y15.91%
FCF growth 5Y22.26%
OCF growth 1Y30.85%
OCF growth 3Y14.76%
OCF growth 5Y20.58%
BENTLEY SYSTEMS INC-CLASS B / BSY FAQ
Can you provide the ChartMill fundamental rating for BENTLEY SYSTEMS INC-CLASS B?
ChartMill assigns a fundamental rating of 5 / 10 to BSY.
Can you provide the valuation status for BENTLEY SYSTEMS INC-CLASS B?
ChartMill assigns a valuation rating of 4 / 10 to BENTLEY SYSTEMS INC-CLASS B (BSY). This can be considered as Fairly Valued.
Can you provide the profitability details for BENTLEY SYSTEMS INC-CLASS B?
BENTLEY SYSTEMS INC-CLASS B (BSY) has a profitability rating of 8 / 10.
What are the PE and PB ratios of BENTLEY SYSTEMS INC-CLASS B (BSY) stock?
The Price/Earnings (PE) ratio for BENTLEY SYSTEMS INC-CLASS B (BSY) is 34.51 and the Price/Book (PB) ratio is 10.08.
What is the financial health of BENTLEY SYSTEMS INC-CLASS B (BSY) stock?
The financial health rating of BENTLEY SYSTEMS INC-CLASS B (BSY) is 3 / 10.